FANTOM - FTM/USDT - 1H - Technical analysis published on 09/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.237620 USDT
My targets
0.222600 USDT (-3.43%)
0.215900 USDT (-6.33%)
My analysis
In the short term, we can see an acceleration in the bearish trend on FANTOM - FTM/USDT, which is a positive signal for sellers. As long as the price remains above 0.237620 USDT, a sale could be considered. The first bearish objective is located at 0.222600 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.215900 USDT as an objective. If the price were to return above 0.237620 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.5
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Additional analysis
Quotes
The FANTOM - FTM/USDT price is 0.230500 USDT. The price registered an increase of +1.19% on the session and was traded between 0.227000 USDT and 0.231600 USDT over the period. The price is currently at +1.54% from its lowest and -0.47% from its highest.0.227000
0.231600
0.230500
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FANTOM - FTM/USDT chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.215900 | 0.222600 | 0.230500 | 0.231763 | 0.237620 | 0.245780 |
| Change (%) | -6.33% | -3.43% | - | +0.55% | +3.09% | +6.63% |
| Change | -0.014600 | -0.007900 | - | +0.001263 | +0.007120 | +0.015280 |
| Level | Minor | Major | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.216067 | 0.221533 | 0.224667 | 0.230133 | 0.233267 | 0.238733 | 0.241867 |
| Camarilla | 0.225435 | 0.226223 | 0.227012 | 0.227800 | 0.228588 | 0.229377 | 0.230165 |
| Woodie | 0.214900 | 0.220950 | 0.223500 | 0.229550 | 0.232100 | 0.238150 | 0.240700 |
| Fibonacci | 0.221533 | 0.224819 | 0.226848 | 0.230133 | 0.233419 | 0.235448 | 0.238733 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.173300 | 0.194600 | 0.211200 | 0.232500 | 0.249100 | 0.270400 | 0.287000 |
| Camarilla | 0.217378 | 0.220852 | 0.224326 | 0.227800 | 0.231274 | 0.234748 | 0.238223 |
| Woodie | 0.170950 | 0.193425 | 0.208850 | 0.231325 | 0.246750 | 0.269225 | 0.284650 |
| Fibonacci | 0.194600 | 0.209078 | 0.218022 | 0.232500 | 0.246978 | 0.255922 | 0.270400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.057633 | 0.158867 | 0.216033 | 0.317267 | 0.374433 | 0.475667 | 0.532833 |
| Camarilla | 0.229640 | 0.244160 | 0.258680 | 0.273200 | 0.287720 | 0.302240 | 0.316760 |
| Woodie | 0.035600 | 0.147850 | 0.194000 | 0.306250 | 0.352400 | 0.464650 | 0.510800 |
| Fibonacci | 0.158867 | 0.219376 | 0.256758 | 0.317267 | 0.377776 | 0.415158 | 0.475667 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.12 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -2.022430 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.229982 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.227263 | |
| Elder Ray (13): | 0.000245 | |
| Super Trend (3,10): | 0.233491 | |
| Zig ZAG (10): | 0.230600 | |
| VORTEX (21): | 0.9305 | |
| Stochastique (14,3,5): | 57.97 | |
| TEMA (21): | 0.229566 | |
| Williams %R (14): | -35.59 | |
| Chande Momentum Oscillator (20): | -0.001400 | |
| Repulse (5,40,3): | 0.4032 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.89 |
| MA7: | 0.228686 | |
| MA20: | 0.245215 | |
| MA50: | 0.290808 | |
| MA100: | 0.290741 | |
| MAexp7: | 0.230263 | |
| MAexp20: | 0.230647 | |
| MAexp50: | 0.230953 | |
| MAexp100: | 0.231083 | |
| Price / MA7: | +0.79% | |
| Price / MA20: | -6.00% | |
| Price / MA50: | -20.74% | |
| Price / MA100: | -20.72% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.20% | |
| Price / MAexp100: | -0.25% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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